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Good Student Car Insurance Discount

Before your child has a driver’s license, as a parent you have an opportunity to encourage them to do well in school. Most insurance companies offer a good student car insurance discount to students with a high academic grade average. This may be the last incentive you can dangle in front of your child. They may truly consider this worth the effort, especially if they are responsible for the cost of their own car insurance.

Car insurance can be an added expense for anyone, but for the young it seems to be an overwhelming cost for the privilege to drive. There are many things carriers look at to reduce the cost of insurance. There are reductions for the type of car you drive. For door sedans offer you the best rates. Sports cars seem to add to the cost of insurance, so if you are a young driver under the age of 25 you will want to stay away from sports cars.

Taking a defensive driver’s course can also assure your student of lower rates. Insurance carriers want to know that your student is making an effort to be a good driver. Not all carriers offer this discount, but a few do and it would be worth the effort to find the companies that do offer the discount. Most of the good student car insurance discount offers are the first type of discount parents ask about when contacting their insurer, but consider some of the other discounts too.

Taking a driver’s education course while underage will also reduce the cost of driving. Carriers figure you will be more conscientious if you have had a driver’s course. Staying away from speeding tickets is another thing students should be aware of, while driving. If they never get a ticket, they are keeping their rates as low as possible. If a student seldom drives the car, they may get a break on insurance. Seldom, would be a student only driving during the holiday when they are home on break from school.

Each carrier has different guidelines, but there are some rules that are common with most insurers. To qualify for the good student car insurance discount, it is important to contact your insurer. For most carriers the full-time student must maintain at least a 3.0 grade point average (GPA) in school if they are under the age of 25. For many students that grade point average is attainable. If your student is close to that, it may be well worth it to encourage them to strive for the few extra points. It will assure them reduced rates in premium costs and help with getting into college.

No one can afford to drive without insurance. On the other hand, there is no point in paying the highest premiums if the discount is something achievable. Having no insurance is an accident waiting to happen. It can cause problems for you early in life that can ruin you financially or make things very difficult for the rest of your life. It is much easier to look for an insurance you can afford, or look for discounts that reduce the cost of the premiums. To get the best good student car insurance discount for your child start with a quote from your policyholder.

Once your student is between the ages of 16 and 25, many insurance companies define good student car insurance discount clearer. There are still differences between the carriers so it is good to find one that is a good fit for you and your student. Students must currently attend high school, college, university, or vocational school. They should be taking a full course of study, and the student is considered full-time. On a grading scale of 4.0, they must maintain at least a 3.0 GPA. If the school designates grades with a letter, they must have at least a B for the discount.

Finding ways to appreciate good students is a great way for insurance companies to work in partnership with parents, schools, and communities. Usually, there is so much emphasis put on the non-academic students. This is a great way to let the student know there are other rewards for making good grades. If the school ranks the students, they should be in the top 20% of the class regardless of the letter grade or points. For other insurers if the student is on the dean’s list, honor roll, or other academic list, they qualify for good student car insurance discount.

Students can take advantage of the good student car insurance discount in various ways. In addition to the good driver discount, make sure your student is not driving a high-powered sports car. You want to make sure the student is not driving a convertible or other vehicle considered a muscle car. If your student has no speeding infractions, or accidents that will also help to keep their insurance cost low. Getting good grades and making the honor roll all add to your student discounts from most carriers. We all have to have insurance and anything to reduce the rates will mean money in our pocket. You may want to consider getting a free rate for insurance today. Compare carriers by looking at the best quotes available to you for your student.


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